Owning a land prior to applying for a loan from the Real Estate Development Fund is no longer a condition. 2- Setting the loan in all regions of the Kingdom at SRs 300,000. 3- The Real Estate Development Fund will: a- Set up a mechanism for cooperation between the Fund and other financial and commercial institutions to grant additional finances to those who already owe the Fund. b- Updating the Fund's system to be compatible with the system of the General Housing Authority, related regulations, new developments and submitting them. The Cabinet authorized the President of King Abdullah City for Atomic and Renewable Energy - or his deputy - to discuss with the Russian side a draft agreement between the Government of the Kingdom of Saudi Arabia and the Government of Russian Federation on cooperation in the peaceful application of nuclear energy, sign it in light of a formula attached to the decision, and forward the final signed version for the completion of the regulatory process.
